Bingham Lake, Minnesota Mortgage and Housing Information

Population: 167
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$25,000

A comparison of the average prices of homes in Bingham Lake, Minnesota and the U.S.
	U.S.	Minnesota	Bingham Lake
Median home value in year 2000	$111,800	$118,100	$37,500

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Minnesota	Bingham Lake
With a mortgage	$1,088	$1,044	$557
Without a mortgage	$295	$271	$238

Types of mortgages for owner-occupied Single-family Houses in Bingham Lake (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	18	40.9%
First Mortgage Only	20	45.5%
Second Mortgage and/or Home Equity Loan	6	13.6%
Total	44	100%

Median age for males and females (2000).
Males	32
Females	35

Females earn $989 (5.5%) more than Males in Bingham Lake.

Level of higher education for people over 25 years in Bingham Lake (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	8	15.1%	25	47.2%
Associate Degree	5	9.4%	0	0.0%
Bachelor's Degree	5	9.4%	0	0.0%
Master's Degree	1	1.9%	0	0.0%
Professional Degree	0	0.0%	0	0.0%
Doctorate Degree	2	3.8%	0	0.0%
Total (at least some college)	21	39.6%	25	48.1%
Total over 25	53	100%	52	100%

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